Ann: Net Tangible Asset Backing, page-4

Thanks for the insight Jack1960
For a fund that has struggled in recent times to achieve any returns at all, to abandon the 10 cents of tax losses with barely a murmur, IMHO seems a little glib.
Probably too late now but am thinking this Company could have been saved by a simple change to the investment strategy, looking at LSF for example they have doubled their Nta since March (by taking on risk admittedly).
Probably not much hope for a superior proposal but am sure there is one out there.